The story of what became the Panasonic Corporation began in Osaka‚ Japan in 1918; this was when Konosuke Matsushita invented a revolutionary two-socket light bulb (Duplex Light Bulb). With only 3 employees and himself he produced and sold the light bulbs from his home in Osaka. Matsushita’s idea was so highly regarded he had to rent his neighbour’s house to keep up with demand. In 1992 however Matsushita could not handle the demand from his home any longer‚ so in 1992 he leased a 230m2 site nearby
Premium Incandescent light bulb
Panasonic IR Day 2012 Appliances Company Business Strategy May 23‚ 2012 Panasonic Corporation Appliances Company President Kazunori Takami Notes: 1. This is an English translation from the original presentation in Japanese. 2. In this presentation‚ “fiscal 2012” or “FY 2012” refers to the year ended March 31‚ 2012. In addition‚ “fiscal 2013” or “FY 2013” refers to the year ending March 31‚ 2013. Contents 11 1. Appliances Company Profile 2. Market Trends 3. Business Vision and
Premium Strategic management Home appliance Copyright
and a well-known brand name. Its slogan "Panasonic ideas for life" represents the advanced technology and the wide range of products which we cover. It’s formerly known as Matsushita Electric Industrial Co. Ltd and stands for the depth and diversity of its research capabilities‚ manufacturing expertise‚ high quality and sophisticated products. In 1918‚ Panasonic was founded by Konosuke Matsushita and headquartered in Osaka Japan. (www.panasonic.net). Panasonic was ranked of 89 the largest company of
Premium
hbr.org The Globe What Panasonic Learned in China PhotograPhy: Corbis When your manufacturing base becomes your growth market‚ your strategy has to adjust. by Toshiro Wakayama‚ Junjiro Shintaku‚ and Tomofumi Amano M ultinational companies tend to insulate their headquarters from operations in emerging markets. Sure‚ they welcome the opportunity to save money by manufacturing in China or managing customer service out of India‚ and they’re especially pleased when they make
Premium Japan China People's Republic of China
CASE STUDY – INFORMING PANASONIC 1. From the information supplied in the case‚ identify three information needs of Panasonic as an organization and explain why this information would be important to managerial decision – making at the company. Three information needs of Panasonic • Has the ability to create‚ store‚ share and analyze data about products‚ customers and suppliers in ways that were not even feasible just a few decades ago. • It had developed numerous duplicative‚ inconsistent and
Premium Decision making Scientific method Operations research
Panasonic Manufacturing Philippines Corporation and Subsidiary Consolidated Financial Statements March 31‚ 2011 and 2010 and Years Ended March 31‚ 2011‚ 2010 and 2009 and Independent Auditors’ Report SyCip Gorres Velayo & Co. COVER SHEET 2 3 0 2 2 SEC Registration Number P A N A S O N I C E S M A N U F A C T U R I N G A N D P H I L I P P I N C O R P O R A T I O N S U B S I D I A R Y (Company’s Full Name) O r t i g a s R i z a l A v e n u e E x t e n s i o n
Premium Generally Accepted Accounting Principles Asset Balance sheet
The Article Summary This article explained about how Panasonic overcome their difficulties in expanding their market in China‚ and the failure to make China as a manufacturing based by using competitive advantage strategy and local adaptation. The journey was started in 1978 when Deng Xiaoping visited Japan to ask for help for modernizing China’s industries. So in 1987 Panasonic established the Beijing Matsushita Color CRT. Panasonic started to understand the Chinese market when the market of home
Premium Deng Xiaoping China Shanghai
May Sheryl J. Javierto MBA - 1 PANASONIC PHILIPPINES I. Point of View This paper is based on the information provided by the article and is divided into two sections. The first section discusses the problems or difficulties currently confronting the Panasonic Philippines. The second section offers suggestions that would allow Panasonic to address the difficulties it now faces. II. The Problem Productivity has dropped within the Department and employees there appear to have low
Premium Problem Technology Christopher Nolan
Motivation at Panasonic Introduction Panasonic is very huge and world famous corporation. Panasonic is much more than a well-known brand name. It stands for the depth and diversity of our research capabilities‚ manufacturing expertise and product selection. It stands for the advanced technology of products‚ from easy-to-use consumer goods to sophisticated medical‚ broadcast‚ business and industrial systems. Visit the Panasonic Web site (http://www.panasonic.com) and you’ll quickly see the broad
Premium Maslow's hierarchy of needs Motivation Abraham Maslow
Panasonic Creates a Single Version of the Truth from Its Data important mis case study CASE STUDY 1. Evaluate Panasonic’s business strategy using the competitive forces and value chain models. Panasonic is one of the world’s leading electronics manufacturers. To be effective‚ their goals‚ objectives‚ culture‚ and activities needed to be consistent with their strategy. In order to increase their profit margin‚ they had to find ways to reduce costs and increase sales. For Panasonic‚ this meant
Premium Data management Management Value chain